Vivaa Tradecom Limited IPO (Vivaa Tradecom IPO)

Vivaa Tradecom Limited IPO
Upcoming Vivaa Tradecom IPO | New Vivaa Tradecom IPO

Vivaa Tradecom Limited is engaged in the trading of Textile Fabrics and Readymade Garments.

In the year 2013, the company acquired the ongoing manufacturing business of Readymade Garments under the Slump Sale Agreement from M/s. Parikh Impex Private Limited. The company carried on manufacturing activity and trading activity from 2013 to 2022. In 2022, the company sold the manufacturing unit to Globe Textiles (India) Ltd and from April 2022 the company was involved in trading activity only.

The company’s product list includes Denim Fabric, readymade garments such as Denim/Cotton Jeans for Men, Denim/Cotton Jeans for Women, and also undertake the Cotton Printing Job work and trade in Printed Cotton Fabric.

Along with trading in the garment industry, the company has decided to expand the business by entering into the trading of other segments as well. In March 2023, Vivaa entered into an agreement with Rushil Decor Limited for distributing VIR MDF Boards of various thicknesses and Prelam MDF Boards, which are used in the furniture industry, in Karnataka, Kerala, Delhi, Punjab, Haryana, Uttar Pradesh, Chandigarh, Himachal Pradesh, Jammu & Kashmir, Rajasthan, and Uttarakhand states of India.

Vivaa Tradecom’s clientele includes Lifestyle International Pvt. Ltd., Aditya Birla Fashion and Retail Ltd., Lajja Polyfab Pvt. Ltd., Nandan Denim Limited, Bajaj Impex, Reliance Retail Limited, and so on.

Vivaa Tradecom IPO

Vivaa Tradecom IPO – Details

IPO Opening Date27 September 2023
IPO Closing Date04 October 2023
Issue TypeFixed Price Issue IPO
Issue Size15,66,000 Shares Worth ₹7.99 Crore
Fresh Issue: 15,66,000 Shares Worth ₹7.99 Crore
Face Value₹10 per equity share
IPO Price₹51
Market Lot2000 Shares
Min Order2000 Shares (1 Lot)
Listing AtBSE SME
RegisterBigshare Services Pvt Ltd
Other Shares Offered50%
Retail Shares Offered50%

Vivaa Tradecom IPO – Date Schedule

IPO Open Date27 September 2023
IPO Close Date04 October 2023
Basis of Allotment09 October 2023
Initiation of Refund10 October 2023
Credit of Shares to Demat Account11 October 2023
IPO Listing Date12 October 2023
Cut-off time for UPI mandate confirmation5 PM on Oct 04, 2023

Vivaa Tradecom IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)120001,02,000
Retail (Maximum)120001,02,000
HNI (Minimum)240002,04,000

Competitive Strengths

  • Experienced Promoter.
  • Quality Service.
  • High level of customer satisfaction.
  • Established relations with suppliers.
  • Existing Client relationship.
  • Expand Geographical Growth.

Company Promoters

  • Mitesh Adani

Object Of The Issue

  • Long term Working capital requirement.
  • General Corporate Purposes.
Vivaa Tradecom IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 2020147.34147.36-0.0613.55
31 March 2021247.29247.080.4411.13
31 March 2022134.03133.660.254.57
Amount in ₹ Crore

Key Performance Indicator

P/E (x)47.66
Market Cap20.08 Crore
EPS (Rs)11.07

Vivaa Tradecom IPO Promoter Holding

Pre Issue Share Holding50.00%
Post Issue Share Holding30.11%

Vivaa Tradecom IPO Prospectus

Company Contact Information

Vivaa Tradecom Limited

17, Pirana Piplej Road,
Saijpur (Gopalpur),
Piplej, Ahmedabad – 382405

Phone: +91 99248 22188

Vivaa Tradecom IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Vivaa Tradecom IPO Lead Manager(s)

1. Interactive Financial Services Ltd

Vivaa Tradecom IPO FAQs

Vivaa Tradecom IPO FAQs
What is Vivaa Tradecom IPO?

Vivaa Tradecom IPO is a SME IPO. The issue is priced at ₹51 per equity share. The IPO is to be listed on BSE SME.
When Vivaa Tradecom IPO will open?

The IPO is to open on  27 September 2023 for Other – 50% and Retail – 50% Investors.
How to Vivaa Tradecom IPO?

You can apply Vivaa Tradecom IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Vivaa Tradecom IPO through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Vivaa Tradecom”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa.
How to Apply the Vivaa Tradecom IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Vivaa Tradecom”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss.
What is Vivaa Tradecom IPO Size?

Vivaa Tradecom IPO size is ₹7.99 crores.
What is Vivaa Tradecom IPO Price Band?

Vivaa Tradecom IPO Price Band is ₹51.
What is Vivaa Tradecom IPO Minimum and Maximum Lot Size?

The minimum bid is 2000 Shares with ₹1,02,000 amount while the maximum bid is 2000 shares with ₹1,02,000.
What is the Vivaa Tradecom IPO Allotment Date?

Vivaa Tradecom IPO allotment date is  09 October 2023.
What is the Vivaa Tradecom IPO Listing Date?

Vivaa Tradecom IPO listing date is 12 October 2023. The IPO is to list on BSE SME.
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